300 Monroe Ave, Plainfield, NJ 07063

Great investment property located in Plainfield. Mixed use property consisting of one storefront and 3 apartments. Income generating property located on corner lot. Total monthly rent roll is $3,800. However, rental income can be increased with new leases. Commercial tenant has a 5 year lease that will be expiring soon. as of 6/21. Leased for $1,000 per month and should be $2,000-$2,500. All residential leases are yearly. Unit 1 is a 2/1 leases for $800.00 Should be $1,200.00 Unit 2 is a 6/2 and leases for $1,200.00 Should be $1,500.00 Unit 3 is a 4/1 and leases for $800.00 per month. Should be $1,350 per month. Property will be sold as-is. Buyer must obtain C/O Seller is motivated.